The ninth step in the accounting cycle is to prepare a post-closing trial balance. Only the permanent
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The ninth step in the accounting cycle is to prepare a post-closing trial balance. Only the permanent accounts are listed on the post-closing trial balance.
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Roadrunner Delivery Service Post-Closing Trial Balance December 31, 20-- Cash in Bank Accts. Rec. City News Computer Equipment Office Equipment Delivery Equipment Accts. Pay.-Beacon Advertising Accts. Pay.-North Shore Auto Maria Sanchez, Capital Totals 21 125 00 1450 00 300000 200 00 12 000 00 75 00 11 650 00 26 050 00 37 775 00 37 775 00
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